Gross Domestic Product

You've heard of Made in China. Get ready for Sold in China. For decades, China has exported cheap goods to the rest of the world even while domestic consumption waned. Now, the country's shoppers could be set for a reboot. If the government delivers on its promise to transform the economy by encouraging spending on the high street, China's consumer base has the potential to hit $67 trillion over the next decade, according to The Demand Institute, a think tank jointly run by The Conference Board and Nielsen. Global interest in Chinese shoppers is already high. Music doyenne Taylor Swift has teamed up with JD.com Inc., the second- largest e-commerce company in China, to...

Related "Gross Domestic Product" Articles

You've heard of Made in China. Get ready for Sold in China.
For decades, China has exported cheap goods to the rest of the world even while domestic consumption waned. Now, the country's shoppers could be set for a reboot.
If the government delivers...

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